Tendermint

by Interchain Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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Hyperion

by Hyperion

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Tendermint

by Interchain Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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Hyperion

by Hyperion

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Nxt provides users a modular toolset for DApp development.Hyperion's goal is to create a decentralized marketplace for map data that will be generated by users.

Token Stats

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Company Description

Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

Hyperion is developing a decentralized mapping platform that will ensure user privacy and provide map services for DApps. The platform will give users incentives to contribute location data and will have a community governance model. The Hyperion network is powered by the Ethereum-based HYN token.

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